AltMountain

Polychain Ventures IV LP

San Francisco, CA · CIK 1973048
Status: no Form D since Apr 2024. Funds file a Form D when they begin selling and amend it each year while the offering continues, so this fund has most likely stopped raising money. It may still be investing, or it may have closed or been dissolved. The details below are from its latest filing, kept here as a record.

Polychain Ventures IV LP is a venture capital fund based in San Francisco, California. According to its most recent Form D, filed Apr 9, 2024, it has sold $84,555,000 of interests to 45 investors since its first sale in May 2023. The filing does not set a minimum investment. It relies on the Section 3(c)(7) exclusion, so investors generally must be qualified purchasers. The offering uses Rule 506(b), which does not permit general solicitation. Related persons named in the filing include Olaf Carlson-Wee; Polychain Venture Partners IV LLC; Polychain VC II LP.

Total raised
$84,555,000Cumulative sales reported on Form D
Investors
45
First sale
May 10, 2023
Minimum investment
None set
Who can invest
Qualified purchasersSection 3(c)(7): generally $5M+ in investments
Offering exemption
Rule 506(b)No general advertising
Key people and entities
Olaf Carlson-Wee; Polychain Venture Partners IV LLC; Polychain VC II LP
Latest Form D
Apr 9, 2024

From SEC filings, not verified. This page republishes the fund's Form D as filed. It is not an offer, solicitation or recommendation, and AltMountain has not reviewed the fund. “Raised” is cumulative sales, not current assets or performance. Returns are not part of SEC filings. Private funds are speculative, illiquid and generally limited to accredited investors or qualified purchasers. Full disclosures · Request a correction

Questions about Polychain Ventures IV LP

What is the minimum investment for Polychain Ventures IV LP?

Polychain Ventures IV LP's latest Form D, filed Apr 9, 2024, does not set a minimum investment. Managers can still require one in the offering documents.

Who can invest in Polychain Ventures IV LP?

Polychain Ventures IV LP is generally open only to qualified purchasers (generally individuals with at least $5 million in investments), because it relies on Section 3(c)(7). It uses Rule 506(b), which does not allow general advertising.

How much has Polychain Ventures IV LP raised?

Polychain Ventures IV LP reports $84,555,000 sold from 45 investors on its Form D filed Apr 9, 2024. This is cumulative sales since the offering began, not current assets or performance.

Where is Polychain Ventures IV LP based?

Polychain Ventures IV LP is based in San Francisco, California.

When did Polychain Ventures IV LP launch?

Polychain Ventures IV LP reports its first sale in May 2023.

Size compared with every venture capital fund

Raised more than 93% of the 2,224 venture capital funds based in California, and more than 98% of all 14,835 that report sales.

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